Alternative reinsurance capital

Articles discussing alternative reinsurance capital. Largely sources from third-party investors in the capital markets, alternative reinsurance capital is increasingly being leveraged by reinsurers as a cheaper cost source of risk transfer while for investors the access to reinsurance returns as an investment is growing in popularity.


Hamilton hires Sforza from PartnerRe to lead U.S. property reinsurance

Hamilton Insurance Group, the Bermuda based insurance and reinsurance holding company, has announced the hiring of Brad Sforza, previously of PartnerRe, to the role of Head of Property Reinsurance for its U.S. reinsurance platform.Hamilton has been building out a U.S. property reinsurance platform within its Hamilton Re operation, with a read the full article →

Best of Artemis, week ending 19th January 2020

Here are the ten most popular news articles, week ending 19th January 2020, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.Register here read the full article →

Trapped ILS capital falls slightly, overall reinsurance capital rises: Hyperion X

The amount of insurance-linked securities (ILS) capital and collateral that is still trapped after recent catastrophe loss years has fallen only slightly, as some cat bond collateral in particular was released but fresh collateralised reinsurance and retro collateral was trapped by 2019 loss events.At the same time, overall global reinsurance read the full article →

P&C profit pressure, Jan renewal outcome to drive reinsurance rates: KBW

While major global catastrophe loss activity in the fourth-quarter wasn't particularly significant, attrition from global large losses and Japanese typhoons, as well as dented profitability in general, plus the outcome of January renewals, is all expected to help drive reinsurance rates higher through 2020.Analysts from KBW noted that overall loss read the full article →

Allstate’s 2019 cat losses lower than prior two years at ~$2.6bn

U.S. primary insurance giant Allstate has ended the full-year 2019 with its pre-tax catastrophe losses amounting to just under $2.6 billion, lower than the prior two years and so far leaving its aggregate reinsurance protection untouched.Allstate has reported that its estimated catastrophe losses for the month of December 2019 only read the full article →

Hudson Structured lifts reinsurance & ILS assets to $2bn

Hudson Structured Capital Management Ltd. (doing its insurance investment business as HSCM Bermuda), the insurance-linked securities (ILS), reinsurance- and transportation- focused investment manager, has added another roughly 18% to its reinsurance AuM, lifting it to around $2 billion.HSCM Bermuda was launched and began investing in 2016, having been established by read the full article →

“Significant” reinsurance rate increases likely for Florida and Japan: S&P

The market could achieve "significant" reinsurance rate increases at the upcoming Japanese renewals in April and Florida renewals in June, as these two markets face some level of re-pricing on the back of catastrophes and market issues, according to S&P.The Florida market in particular is "facing a dislocation, which could read the full article →

Trapped ILS capital & lack of retro not as big a renewal issue as expected

As the January 2020 reinsurance renewals fast approached the two issues of trapped ILS capital and dented retrocessional capacity proved not to be as big or impactful as anticipated, with the market still managing to clear, partly thanks to the increased appetite and re-entry of large traditional players.The January 2020 read the full article →

Commercial property rate increases accelerate to end 2019: IVANS

U.S. commercial property insurance rates continued to accelerate, in terms of rate firming or hardening, towards the end of 2019, with December seeing the highest monthly rate increases of the year.The IVANS premium renewal rate index shows that the fourth-quarter of 2019 saw a strong finish to the year for read the full article →

Tremor, on making reinsurance placements more effective & efficient

Tremor Technologies Inc., the programmatic insurance and reinsurance risk transfer marketplace provider, believes that through the use of technology such as its own the reinsurance placement process can be made much faster and more accurate, with better outcomes possible for both sides of the deal.Tremor had a busy 2019, with read the full article →